NGO study on Biofuels is full of factual errors

A new study that was commissioned by NGO's Friends of the Earth, ActionAid, has been criticised by the ethanol association ePURE as being flawed and full of factual errors. The new reports claims that biofuels are expected to cost EU consumers about €126 billion (US$167 billion), at the pump between now and 2020. According to ePURE, analysts FO Licht’s looked at the report and say: "There are inherent difficulties in calculating the differences in the cost of producing fossil fuels on the one hand and biofuels on the other. Even the study authors warn that it should be noted that these projections are extremely uncertain, and thus the results derived are indicative." Read more ...